Global Less-than-truckload (LTL) Market 2025-2029

List of Tables

Less-Than-Truckload (LTL) Market 2025-2029

The less-than-truckload (LTL) market is forecasted to grow by $ 110.7 bn during 2024-2029, accelerating at a CAGR of 6.8% % during the forecast period. The report on the less-than-truckload (LTL) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in e-commerce in retail sector, increased outsourcing of logistics services, and growing focus on environmental sustainability.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	6.4%
CAGR	6.8%
Incremental Value	$110.7 bn

Technavio's less-than-truckload (LTL) market is segmented as below:

By Type

Long-haul carriers
Superregional carriers
Regional carriers

By Capacity

Light LTL volume
Heavy LTL volume

By Geographical Landscape

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the emergence of big data in global less-than-truckload (LTL) market as one of the prime reasons driving the less-than-truckload (LTL) market growth during the next few years. Also, rise in demand for last-mile logistics and growing utilization of transportation management system will lead to sizable demand in the market.

The report on the less-than-truckload (LTL) market covers the following areas:

Less-Than-Truckload (LTL) Market sizing
Less-Than-Truckload (LTL) Market forecast
Less-Than-Truckload (LTL) Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading less-than-truckload (LTL) market vendors that include . Also, the less-than-truckload (LTL) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71750

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Capacity
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Less-Than-Truckload (LTL) Market 2019 - 2023
- Historic Market Size - Data Table on Global Less-Than-Truckload (LTL) Market 2019 - 2023 ($ billion)
5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.3 Capacity segment analysis 2019 - 2023
- Historic Market Size - Capacity Segment 2019 - 2023 ($ billion)
5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)

6 Qualitative Analysis

6.1 The impact of AI in Global Less-than-truckload (LTL) Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Type

8.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
8.3 Long-haul carriers - Market size and forecast 2024-2029
- Chart on Long-haul carriers - Market size and forecast 2024-2029 ($ billion)
- Data Table on Long-haul carriers - Market size and forecast 2024-2029 ($ billion)
- Chart on Long-haul carriers - Year-over-year growth 2024-2029 (%)
- Data Table on Long-haul carriers - Year-over-year growth 2024-2029 (%)
8.4 Superregional carriers - Market size and forecast 2024-2029
- Chart on Superregional carriers - Market size and forecast 2024-2029 ($ billion)
- Data Table on Superregional carriers - Market size and forecast 2024-2029 ($ billion)
- Chart on Superregional carriers - Year-over-year growth 2024-2029 (%)
- Data Table on Superregional carriers - Year-over-year growth 2024-2029 (%)
8.5 Regional carriers - Market size and forecast 2024-2029
- Chart on Regional carriers - Market size and forecast 2024-2029 ($ billion)
- Data Table on Regional carriers - Market size and forecast 2024-2029 ($ billion)
- Chart on Regional carriers - Year-over-year growth 2024-2029 (%)
- Data Table on Regional carriers - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Type
- Market opportunity by Type ($ billion)
- Data Table on Market opportunity by Type ($ billion)

9 Market Segmentation by Capacity

9.1 Market segments
- Chart on Capacity - Market share 2024-2029 (%)
- Data Table on Capacity - Market share 2024-2029 (%)
9.2 Comparison by Capacity
- Chart on Comparison by Capacity
- Data Table on Comparison by Capacity
9.3 Light LTL volume - Market size and forecast 2024-2029
- Chart on Light LTL volume - Market size and forecast 2024-2029 ($ billion)
- Data Table on Light LTL volume - Market size and forecast 2024-2029 ($ billion)
- Chart on Light LTL volume - Year-over-year growth 2024-2029 (%)
- Data Table on Light LTL volume - Year-over-year growth 2024-2029 (%)
9.4 Heavy LTL volume - Market size and forecast 2024-2029
- Chart on Heavy LTL volume - Market size and forecast 2024-2029 ($ billion)
- Data Table on Heavy LTL volume - Market size and forecast 2024-2029 ($ billion)
- Chart on Heavy LTL volume - Year-over-year growth 2024-2029 (%)
- Data Table on Heavy LTL volume - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Capacity
- Market opportunity by Capacity ($ billion)
- Data Table on Market opportunity by Capacity ($ billion)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Geographic Landscape

11.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
11.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
11.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
11.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
11.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
11.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
11.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
11.9 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
11.10 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
11.11 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
11.12 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
11.13 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
11.14 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
11.15 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
11.16 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
11.17 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
11.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Market positioning of companies
- Matrix on companies position and classification
14.3 Ming Cycle Industrial Co. Ltd.
- Ming Cycle Industrial Co. Ltd. - Overview
- Ming Cycle Industrial Co. Ltd. - Product / Service
- Ming Cycle Industrial Co. Ltd. - Key offerings
14.4 Addmotor Tech
- Addmotor Tech - Overview
- Addmotor Tech - Product / Service
- Addmotor Tech - Key offerings
14.5 Autonix Auto Industries Pvt. Ltd.
- Autonix Auto Industries Pvt. Ltd. - Overview
- Autonix Auto Industries Pvt. Ltd. - Product / Service
- Autonix Auto Industries Pvt. Ltd. - Key offerings
14.6 Benelli Biciclette
- Benelli Biciclette - Overview
- Benelli Biciclette - Product / Service
- Benelli Biciclette - Key offerings
14.7 Brompton Bicycle Retail Ltd.
- Brompton Bicycle Retail Ltd. - Overview
- Brompton Bicycle Retail Ltd. - Product / Service
- Brompton Bicycle Retail Ltd. - Key offerings
14.8 Dahon North America Inc.
- Dahon North America Inc. - Overview
- Dahon North America Inc. - Product / Service
- Dahon North America Inc. - Key offerings
14.9 e JOE Bike
- e JOE Bike - Overview
- e JOE Bike - Product / Service
- e JOE Bike - Key offerings
14.10 Dahon
- Dahon - Overview
- Dahon - Product / Service
- Dahon - Key offerings
14.11 A-bike
- A-bike - Overview
- A-bike - Product / Service
- A-bike - Key offerings
14.12 Giant Bicycles
- Giant Bicycles - Overview
- Giant Bicycles - Product / Service
- Giant Bicycles - Key offerings
14.13 Helix
- Helix - Overview
- Helix - Product / Service
- Helix - Key offerings
14.14 Bike Friday
- Bike Friday - Overview
- Bike Friday - Product / Service
- Bike Friday - Key offerings
14.15 Montague Bike
- Montague Bike - Overview
- Montague Bike - Product / Service
- Montague Bike - Key offerings
14.16 Brompton Bicycle
- Brompton Bicycle - Overview
- Brompton Bicycle - Product / Service
- Brompton Bicycle - Key offerings
14.17 GOGOBIKE
- GOGOBIKE - Overview
- GOGOBIKE - Product / Service
- GOGOBIKE - Key offerings
14.18 Birdy Bike
- Birdy Bike - Overview
- Birdy Bike - Product / Service
- Birdy Bike - Key offerings
14.19 FOREVER Bicycle
- FOREVER Bicycle - Overview
- FOREVER Bicycle - Product / Service
- FOREVER Bicycle - Key offerings
14.20 ENZO eBike
- ENZO eBike - Overview
- ENZO eBike - Product / Service
- ENZO eBike - Key offerings
14.21 Kalkhoff Werke GmbH
- Kalkhoff Werke GmbH - Overview
- Kalkhoff Werke GmbH - Product / Service
- Kalkhoff Werke GmbH - Key offerings
14.22 Karbon Kinetics Ltd.
- Karbon Kinetics Ltd. - Overview
- Karbon Kinetics Ltd. - Product / Service
- Karbon Kinetics Ltd. - Key offerings
14.23 Mighty Velo
- Mighty Velo - Overview
- Mighty Velo - Product / Service
- Mighty Velo - Key offerings

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations
- o Strong financial performance